U.S. Treasury has announced their coupon auctions for next week. As expected, the treasury will auction off $69 billion of 2-year notes on Monday, October 27. They will also auction off 70 billion of 5 year notes on Monday, and $44 billion of 7 year notes on Tuesday, October 28.
Typically the coupon auctions occur on Tuesday, Wednesday and Thursday. However, due to the FOMC rate decision on Wednesday, the treasury will frontload the auctions on Monday and Tuesday.
